Tuesday, October 11, 2011

David Koch beats Mayor Bloomberg

David Koch beats Mayor Bloomberg: Wealthy New Yorkers are getting richer. Businessman David Koch retained his title at the big top of the list of rich New Yorkers as his chance grew to $25 billion to edge out Mayor Bloomberg once more, agreeing to the yearly list of the four hundred richest Americans put together by Forbes magazine. The list showed that while Bloomberg's fortune rose $1.5 billion to $19.5 billion since last year, it was not enough to catch the 71-year-old Koch, an oilman who's a big supporter of conservative causes and the Tea Party. Koch's chance was listed at $21.5 by Forbes in 2010. Mayor Bloomberg is the 2nd richest New Yorker, agreeing to Forbes magazine. REUTERS Mayor Bloomberg is the 2nd richest New Yorker, according to Forbes magazine. Forbes said the mayor's company, Bloomberg LP, has been very successful over the past year and "keeps adding office space and employees."At the same time, Donald Trump, who's flirted with running for president next year, also saw his chance rise $500 million this year to $2.9 billion. With seventy percent of the billionaires on the list being self-made, this year is all about the social media. The year’s greatest dollar gainer is Facebook founder Mark Zuckerberg with a gain of $10.6 billion putting him at No.14 on the overall list with $17.5 billion.Zuckerberg was joined on the list with Facebook buddies Dustin Moskovitz (No. 91 with $3.5 billion), Eduardo Saverin (No. 212 with $2 billion) and Sean Parker (No. 200 with $2.1 billion). Meanwhile, Bill Gates retained his spot at the top of the list with $59 billion, followed by Warren Buffett (No. 2 with $39 billion) and Larry Ellison (No. 3 with $33 billion). While most Americans are feeling the effects of the ongoing recession, rich Americans are not. Collectively, Forbes found that all member of the Top twenty gained wealth this year -- with the exception of Buffett, who was down $6 billion compared to last year. Overall, net worth increased for 262 members -- almost two-thirds of the list. Net worth decreased for just seventy-two members.David Koch beats Mayor Bloomberg:

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